Klook Raises $200 Million to Expand Activity Bookings

Shown here are the executive team members of Klook, a Hong Kong-based tours and activities booking agency, which has raised $200 million in funding in a historic round for the sector. (From left to right) David Liu, chief product officer; Bernie Xiong, chief technology officer and co-founder; Anita Ngai, chief revenue officer; Eric Gnock Fah, chief operating officer and co-founder; Ethan Lin, CEO and co-founder. Klook

Skift Take: Given its new lofty valuation of more than $1 billion, Klook has become too expensive for most online travel companies to justify as an acquisition. But would a possible IPO within a few years be successful?